Recently, I have also paid attention to the judicial auction houses on Taobao. Some of them are really much lower than the market price. I have family members who have also participated in auctions. So I personally think it is reliable. Let me share with you what you should pay attention to.

Understand the reasons for the auction of the subject matter, whether there are any disputes over the property rights, and whether the debts are clear. Try to avoid disputes over unclear subjects. Many of the loans owed to banks were forced to be auctioned, and some people who were auctioned did not cooperate with the transfer of property rights. The auctioneer also doesn't cover transfers, which is more troublesome.

If you can go in to see the house being auctioned, it is best to see the real thing and understand the surrounding and internal conditions. Some valuations are inaccurate and you cannot go inside. I don’t know how well the house is decorated, whether anyone lives in it, or whether there is any water leakage. Such an auction would be very risky.

When it comes to the auction, you need to figure out the previous work clearly, appraise the house, and think about your own psychological price before participating in the auction.